Commercial Management Group
The world’s leading commercial properties holding, managing and operating enterprise.
Cultural Industry Group
China’s leading cultural enterprise and one of Wanda’s new pillar industries.
Real Estate Group
Wanda Real Estate Group is China’s first real estate company to transform old urban areas and develop inter-regional projects. It is a world-leading company in urban complex development. Wanda Real Estate Group already developed hundreds of Wanda Plazas, Wanda Hotels, Wanda Cities, Wanda Malls and residential projects.
Wanda Investment Group comprises investment, Microfinance, private equity and other businesses, supporting the real economy and social livelihood through inclusive finance.
- Job Creation
- Targeted Poverty Alleviation
- Charitable Donation
- Environmental Sustainability
- Caring Staff
- Entrepreneurship Assistance
In 2018, Wanda Group created 202,000 new jobs in service sector, with 95,000 jobs for college students, accounting for 1.5% of the nation’s new jobs created in the same year. Wanda has been the employer that creates the most jobs in China for 10 consecutive years. Wanda’s 280 Wanda Plazas alone created 1.2 million positions accumulatively.
Targeted Poverty Alleviation
Building a new targeted poverty alleviation brand in China.
Wanda Group has a mission of “Creating Common Prosperity through Serving the Community”. Over the past 30 years, Wanda Group has accumulatively donated more than 6 billion yuan in cash to numerous charitable causes, making it one of the largest private donors in China.
Wanda Group is one of China’s earliest adopters of sustainable building practices and has obtained more national green-building certificates than any other companies in the country, accumulatively gaining a total of 754 national green building certifications.
Staff-centered Value of Wanda
10-year Plan for Supporting College Student's Start-up.
- AMC Theatres
- Hoyts Cinema,Australia
- Legendary Entertainment
- Odeon & UCI Cinemas Group
- Nordic Cinema
- Sunseeker International
AMC (NYSE:AMC), a majority-owned subsidiary of Wanda Group, is the largest cinema chain in the U.S. and the world with 8,110 screens in 631 cinemas, taking a market share of 24% in the U.S.
Wanda’s Hoyts Cinema is the second largest cinema chain in Oceania, owning 472 screens in 54 cinemas.
Wanda Group-acquired Legendary Entertainment is a leading film production company in the U.S. that owns film, television, digital and comics divisions.
Odeon & UCI Cinemas Group
Odeon & UCI Cinemas Group controlled by AMC is the biggest cinemachain in Europe with 2,244 screens in 244 cinemas, accounting for about 20% of the box office in Europe and dominating market shares in major European countries.
Nordic Cinema controlled by AMC has 733 screens in 125 cinemas in Northern Europe, taking a leading market share in Northern Europe.
Sunseeker International, acquired by Wanda, was founded in 1968. As one of the world's premier luxury motor yacht manufacturers, the company can design and manufacture luxury yachts independently. Known as the “Rolls-Royce on the Sea,” Sunseeker is also the designated yacht brand of the British royal family.
International Wanda Centennial Business
Science and Technology Innovation
Wanda Group has always given priority to scientific and technological innovation. It is China’s first corporate entity that embraced the Internet and independently developed advanced information management system. Wanda is one of the world-leading companies in terms of information technology. It has been rated as one of the Top 50 global digital innovators by world authoritative agencies for many years.
Chairman Wang Jianlin
The highest pursuit in life is that of the spiritual nature, and the pinnacle of business management is the management of culture.
Wanda's 2020 Performance in Service Sector Beats Expectations08.01.2021
In 2020, industries across China were hard hit by COVID-19 pandemic. And the service sector received an even bigger blow. Under the leadership of the CPC Central Committee with President Xi Jinping at the core, Wanda Group took initiatives and effective actions, and with strong brand influence and operation abilities, Wanda's brick-and-mortar businesses achieved outstanding results in 2020 and beat market expectations.
In 2020, vacancy rate at Wanda Plazas was 0.6% and rent collection rate was 99.9%. In order to support small and medium-sized businesses during the height of the pandemic, Wanda Plazas across China instituted rent waiver for all tenants which totaled to over 4.33 billion yuan. Without considering the rent waiver, rents collected by Wanda Plazas nationwide in 2020 saw an increase of 8.1% year on year.
Taking the fourth quarter of 2020 as an example, foot traffic and sales increased by 6.4% and 15.8% year on year respectively at 368 Wanda Plazas; consumer visits at comparable Wanda Plazas rebounded to 97.4% of the 2019 level; sales revenue at comparable Wanda Plazas increased by 7.7% year on year. According to the National Bureau of Statistics, revenue at brick-and-mortar businesses grew by -4.4% in the same period.
In the fourth quarter of 2020, Wanda Films' domestic box office recovered to 86.5% of the level seen in the same period in 2019. According to government data, national box office’s recovery rate was 73.6%, indicating Wanda's recovery was 12.9 percentage points higher than the national average. In 2020, Wanda Films' market share reached 15.4%, up 1.2 percentage points from 2019. Attendance at Wanda Cinemas was 1.5 times the national average, and the output of single screen at Wanda Cinemas was 1.9 times the national average.
In the fourth quarter of 2020, foot traffic at Wanda Kidsplace recovered to 91% of the 2019 level, while its revenue recovered 100%.
Revenue of Wanda Hotels & Resorts in the fourth quarter recovered 102.7%. According to an authoritative third-party report, performance of Wanda Hotels & Resorts was 20% higher than the national average; Wanda Hotels & Resorts scored 94.9 points for operational quality and beat all international hotel management groups in China.
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